Beat interest rate hikes

RBA increases cash rate to 3.35%

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In line with market expectations, the Reserve Bank of Australia raised the official cash rate by 25 basis points to 3.35 per cent at its first monetary policy meeting of 2019. Following the December quarter’s annual inflation rate reaching a 30-year high of 7.8%, the Reserve Bank of Australia raised interest rates for the ninth […]

Reserve Bank of Australia(RBA) Lifted the Cash rate target by 50 basis points to 1.35

The cash rate target was raised by the Reserve Bank of Australia (RBA) today by 50 basis points to 1.35 per cent, as was widely anticipated. This is the RBA’s third consecutive rate increase, and more are likely throughout the year as the government works to rein in inflation. With mortgage and utility expenses continuing […]

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